FXY: How long can the Yen carry trade last?

מעודכן
There's a monthly time at mode expiration in this instrument coming next month.
It's possible to see a reaction as carry trades get unwound, but it's not clear at what price yet.
The extreme target is not reached, but the time at mode one has been exceeded, and heading for 2x the projected range soon.
I think the dollar rally is about to hit its expiration date, regarding the Euro and the Yen at least, but it can last at least one more month.
Looking at usdjpy closely, and also monitoring the S&P500, TLT, Dax, Nikkei and gold.
These are very interesting times to be a trader!
Will update with more insights and potential trade setups as they come.

Good luck,

Ivan.
הערה
Great reaction when the downtrend expired.
הערה
FXE should be a long once it sells off this week and FXY as well.
הערה
Time at mode timing is something eh...
עסקה סגורה: היעד הושג
הערה
I wonder if we'll see a downtrend in FXY soon. We've tested this level twice so far.
carrytradeETFFXYGoldJapan 225S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) timeatmodeUSDJPYyen

🔒Want to dive deeper? Check out my paid services below🔒

ivanlabrie.substack.com/
גם על:

פרסומים קשורים

כתב ויתור